New mortgage for primary market properties (completed or under construction) and secondary market properties, refinancing and cash-out refinancing

Maximum Property Value

HK$6,000,000

Property Type

Regular property types and village-type houses1

Maximum Loan Amount

HK$4,800,0001

Maximum Loan Tenor

30 years

Eligibility

Personal Customers and Self-use residential properties

Premium2 (can be financed with the mortgage loan in one lump sum)

A mortgage insurance premium is required

Cash-Out Refinancing3

Loan-to-value ratio up to 80%, cap at HK$4,800,0001

A loan-to-value ratio of up to 80% can be offered for selected village-type houses that are approved by the Bank.

Please refer to the enclosed premium reference table.

Maximum loan tenor of cash-out refinancing is 25 years.

The above product features are for reference only. The Bank reserves the right to change the features from time to time without prior notice. Please contact our staff for details.Final approval is subject to the decision of the Hong Kong Mortgage Corporation Limited.

Premium reference table for Mortgage Insurance Programme

Loan-To-Value(LTV) Ratio

Tenor

Single Premium(% of the original loan amount)

Annual Premium Payment

First Year(% of the original loan amount)

Renewal(% of the original loan amount)

60% up to 80%

10

1.15

0.58

0.28

15

1.50

0.79

0.28

20

1.85

0.93

0.28

25

2.00

1.00

0.28

30

2.15

1.11

0.28

60% up to 85%

10

1.80

0.82

0.53

15

2.28

1.02

0.53

20

2.68

1.13

0.53

25

2.95

1.29

0.53

30

3.05

1.40

0.53

60% up to 90%

10

2.60

1.09

0.77

15

3.18

1.39

0.77

20

3.75

1.62

0.77

25

4.10

1.79

0.77

30

4.35

2.03

0.77

Final approval is subject to the decision of the Hong Kong Mortgage Corporation Limited.

The above insurance premium (LTV threshold at 60%) is subject to the applicable rate quoted by the Hong Kong Mortgage Corporation Limited from time to time.

Act Now

Make an appointment online with DBS Home Advice Specialists:e-Appointment